SBI's fourth quarter profit fell 10 percent to Rs 1643 crore; Know what the figures say

Net profit of State Bank of India (SBI) decreased by 10 percent to Rs 18,643 crore in the quarter ended March 2025. The nation's largest public sector bank released the data on Saturday. The nation's largest lender has posted a profit of Rs 20,698 crore during the January-March quarter of 2023-24.

SBI, in its filing with regulators, stated that its total income in the March quarter increased to Rs 1,43,876 crore from Rs 1,28,412 crore during the same quarter last year. The bank received interest income of Rs 1,19,666 crore during the quarter compared with Rs 1,11,043 crore during the same quarter last year.

The bank's asset quality improved with gross non-performing assets (NPAs) falling to 1.82 per cent of total advances in the fourth quarter, down from 2.24 per cent as of March-end 2024. Likewise, net NPAs fell to 0.47 per cent from 0.57 per cent.

On a consolidated basis, SBI's net profit declined 8 per cent to Rs 19,600 crore in the quarter from Rs 21,384 crore in the same quarter a year ago. However, total income rose to Rs 1,79,562 crore from Rs 1,64,914 crore.

For the full financial year 2024-25, the bank achieved a 16 per cent growth in profit on a standalone basis to Rs 70,901 crore as against Rs 61,077 crore in the previous year.

The board of the bank has declared a dividend of Rs 15.90 per equity share for FY 2025. Further, the board has approved raising of equity capital up to Rs 25,000 crore (including share premium) in one or more tranches by way of Qualified Institutional Placement (QIP)/Follow On Public Offer (FPO) or any other mode during 2025-26.